Friday, January 17, 2025

Bumble founder Whitney Wolfe Herd to reclaim CEO position in March

Bumble announced today that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023.  Wolfe Herd will succeed Lidiane Jones, the company’s current CEO who has left for “personal reasons,” Bumble explained. Jones, the former CEO of Slack, will continue her role at Bumble until the transition takes effect […]

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Trump spoke to China’s President Xi about TikTok just ahead of Supreme Court ruling

Just ahead of today’s Supreme Court ruling — which saw the nation’s highest court uphold the law banning TikTok in the U.S. as of January 19 — Donald Trump posted on Truth Social that he had a “very good” phone call with China’s President Xi Jinping, which included discussion of TikTok. Though the U.S. president-elect […]

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Rivian finalizes $6.6B loan for its Georgia factory

Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump’s inauguration. The company will use the loan to help build out its planned factory in Georgia, east of Atlanta, with construction beginning in 2026. The first R2 SUVs are scheduled to […]

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Supreme Court upholds TikTok ban

The Supreme Court has upheld the law that will effectively ban TikTok on Sunday, January 19. The decision marks the end of TikTok’s months-long legal fight against a law that essentially forces the ByteDance-owned app to shut down unless it divests its US operations.  As of Sunday, it will be illegal for app stores and […]

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Thursday, January 16, 2025

Apple brings Store app to Indian market

Apple launched its dedicated Apple Store app in India on Friday, deepening its retail presence in the world’s most populous country as the iPhone-maker seeks to capitalize on growing consumer demand. The app, available for download on India’s App Store, lets customers purchase Apple products directly while receiving personalized shopping recommendations, the company said in […]

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FAA had to divert flights because of SpaceX Starship explosion

The Federal Aviation Administration has told TechCrunch that it had to “briefly” slow and divert a number of aircraft near the area where debris was seen falling after SpaceX’s Starship exploded during a test flight Thursday. Multiple flights could be seen entering holding patterns or completely changing course in the airspace near Puerto Rico shortly […]

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SpaceX catches Starship booster a second time, loses ship to an ‘anomaly’ in space

SpaceX caught the Starship rocket’s Super Heavy booster for a second time, after it launched the upper stage into space on Thursday during a seventh test flight of the system. Soon after the successful catch, SpaceX representatives reported the ship was lost after the company lost contact about eight and half minutes into the flight. […]

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SpaceX catches Starship booster a second time, loses ship to an ‘anomaly’ in space

SpaceX caught the Starship rocket’s Super Heavy booster for a second time, after it launched the upper stage into space on Thursday during a seventh test flight of the system. Soon after the successful catch, SpaceX representatives reported the ship was lost after the company lost contact about eight and half minutes into the flight. […]

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Despite VCs investing $75B in Q4 , it’s still hard for startups to raise money, data proves

After two years of relatively muted investment activity, it seems that VCs are starting to pour capital into startups at pandemic-era levels once again. But a closer look shows that they aren’t really. In the fourth quarter of last year, investors funneled $74.6 billion into US startups, a substantial increase from the average of $42 […]

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TikTok ban poised to be delayed as Trump explores ways to extend deadline

The U.S. ban on TikTok is poised to be delayed as the deadline falls on a holiday weekend and President-elect Donald Trump’s incoming administration intends to find a way to extend the deadline, Bloomberg reports. Biden officials sees the issue as one for Trump’s incoming administration, as the current administration doesn’t plan to intervene before the […]

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Polestar digs in for another grim year

Volvo spinoff Polestar had a rough 2024, and 2025 looks like it could be just as difficult. The EV maker announced Thursday that it expects to generate less revenue in fiscal year 2024 than it did in 2023, after previously estimating sales would stay the same. That’s thanks to “fewer than expected Polestar 3 and […]

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Teal Health raises $10M to create at-home cervical cancer screenings

The process of getting screened for cervical cancer is quite intimidating. It’s the once-a-year, sometimes life-changing treatment, that involves the bright lights of a doctor’s office and an uncomfortable insertion that always seems to last too long.   It’s no wonder why Kara Egan and Dr. Avnesh Thakor saw the potential to make this process more […]

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Wednesday, January 15, 2025

Amazon to acquire Indian fintech Axio in credit push

Amazon has agreed to acquire Indian buy now pay later startup Axio, deepening its push into financial services in one of its fastest-growing markets as it seeks to expand credit access to millions of underserved customers. The US technology group, which has held an equity stake in Axio for six years, signed the acquisition agreement […]

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